HomeMy WebLinkAboutC.054.93011_0230 (2)helpful, in planning for the building, if the county supplied information on what would
be appropriated in the next five years. Mr. Clark said the fire commission had
eliminated a new brush truck that was requested in the FY 04-05 budget.
Commissioner Williams said the fire commission adhered to a schedule
regarding vehicle purchases. He asked if $1.9 million was still the anticipated cost for
the new building. Williams said he had considered the new building and the possibility
of utilizing a one cent set aside debt retirement method to pay for it. He said now,
however, since the department was considering a voted -in district, he could not be as
encouraging as he once was regarding the new facility. Williams said he would like to
see the VFD remain in the county -wide service district. He mentioned the possibility
that Mooresville might annex some of the VFD's territory in the future. Mr. Williams
said the fire commission was working within a "tight" budget for next year. He said
additional personnel was the number one priority with all of the VFDs.
Blumenstein said the valuation growth in the area for next year was estimated to
be about one percent.
Commissioner Williams said he thought the growth estimate might increase. He
again said he favored the VFD remaining in the county -wide district. Williams said if
not, it would be up to the other commissioners to decide something about the new
building.
Chairman Johnson acknowledged that the property taxes received out of the
Lake Norman VFD area were subsidizing some of the other fire departments. Johnson
said he also desired for Lake Norman to refrain from seeking a voted -in district. He
told the representatives that he would like to have another discussion with them, and he
appreciated the manner in which they had shared their concerns. Johnson said that in
reference to the new building, he would like to see more information on the estimated
debt service and the revenue stream.
Williams said a Capital Improvement Plan had been requested from each VFD.
Johnson stressed the importance of knowing exactly how much the building
would cost. He said the VFD should have a financial plan.
Clark said fundraisers would be held, and eventually, the property presently in
use would be sold.
Fire Marshal Chuck Gallyon said the Lake Norman VFD would soon be rated,
and it was anticipated the rating would be lowered. He said this would decrease the
insurance costs for the property owners.
Clark asked about the new building's bank note, and he was told that the
department's treasurer (Frank Phillips) could draft a financial plan.
Commissioner Madison said the note should indicate there would not be a pre-
payment penalty.
ADJOURNMENT: The briefing adjourned at 6:40 p.m.
Approved: L�,< " . `
Clerk to the B&ard